Company Overview
- Headquarters
- 311 South Wacker Drive, Chicago IL
- Website
- vela-ins.com
- Employees
- 130
- Founded in
- 1996
- Industry
- Insurance
Financials & Stats
Revenue
$50B
Who is Vela Insurance Services a Berkley Company
Vela Insurance Services, a Berkley Company, is a leading insurance provider based in Chicago, Illinois. The company is a Limited Liability Company (LLC) with approximately 130 employees and generates around $50 million in annual revenue. Vela specializes in excess and surplus lines insurance, serving clients through four distinct market segments: Velocity Small Business, Construction, Specialty Casualty, and Professional Liability. They offer their products nationwide through contracted wholesale brokers and boast a highly experienced staff. Vela Insurance Services distinguishes itself through its partnership with W. R. Berkley Corporation, a financially strong entity with an A+ (Superior) rating from A.M. Best Company and an A+ (Strong) rating from Standard & Poor’s. Vela also operates as a licensed surplus lines broker in California under the name Vela Insurance Services, LLC (License Number 0C94218). For more information about Vela Insurance Services and their products, visit their website at vela-ins.com.
Company Leadership
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